[TechWeb] July 6, according to foreign media reports, a subsidiary of General Motors autopilot Cruise said on Friday that Japan's Softbank Group invested its $ 2.25 billion deal, already approved by the US National Security Agency.
Softbank
An informed source said the US Foreign Investment Committee (CFIUS) according to Cruise's latest assurance, approved the investment. Cruise commitment, Cruise's technology will completely ban the use of Softbank Group.
Softbank spokesman declined to comment outside the media.
Cruise said the Softbank group will get a seat on the board Cruise.
Dan Ammann Cruise CEO, in a statement to the media, said today's news marks us towards the realization of large-scale development and deployment of autonomous vehicles further.
Cruise is mainly composed of autopilot technology developers Cruise Automation. March 2016, General Motors acquired Cruise Automation, acquisition amount estimated at more than $ 1 billion.
After the acquisition by GM, Cruise has focused on the development of automated driving technologies such began testing their own autonomous vehicles taxi service applications, near Silicon Valley with autonomous vehicles carrying employees.